Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$607M |
| 2 |
Apple
AAPL
|
+$361M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$214M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$208M |
| 5 |
Intel
INTC
|
+$169M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.73B |
| 2 |
Pfizer
PFE
|
+$887M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$696M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$433M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$320M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.9% |
| 2 | Financials | 1.72% |
| 3 | Consumer Discretionary | 1.47% |
| 4 | Energy | 1.36% |
| 5 | Healthcare | 1.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
CALL
Huntsman Corp
HUN
$1.68B
| $64.3M | 0.03% |
3,120,600
+1,390,800
| +80% | +$25.4M |
|
477
PUT
NVIDIA
NVDA
$5.05T
| $63.8M | 0.03% |
164,064,000
+82,412,000
| +101% | +$30.6M |
|
478
CALL
Under Armour
UAA
$2.31B
| $63.7M | 0.03% |
3,208,000
+43,200
| +1% | +$762K |
|
479
Home Depot
HD
$336B
| $63.6M | 0.03% |
838,145
-261,659
| -24% | -$20.2M |
|
480
General Motors
GM
$76.3B
| $63.5M | 0.03% |
1,766,272
+694,031
| +65% | +$24.9M |
|
481
CALL
Cognizant
CTSH
$28B
| $63.5M | 0.03% |
1,546,400
+432,600
| +39% | +$16.1M |
|
|
VMW
482
CALL
DELISTED
VMware, Inc
VMW
| $63.5M | 0.03% |
784,700
-30,300
| -4% | -$2.45M |
|
|
DELL
483
PUT
DELISTED
DELL INC
DELL
| $62.2M | 0.03% |
4,519,600
-608,600
| -12% | -$8.24M |
|
484
PUT
MGM Resorts International
MGM
$11B
| $62.2M | 0.03% |
3,043,200
-357,000
| -10% | -$6.22M |
|
485
PUT
NetApp
NTAP
$36.7B
| $62.1M | 0.03% |
1,457,800
-1,009,100
| -41% | -$42M |
|
486
PUT
Marathon Petroleum
MPC
$102B
| $62M | 0.03% |
1,928,800
+391,400
| +25% | +$13.8M |
|
487
PUT
American Tower
AMT
$83.1B
| $61.9M | 0.03% |
835,400
+326,100
| +64% | +$23.5M |
|
|
CMCSK
488
CALL
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $61.8M | 0.03% |
1,425,500
+884,500
| +163% | +$38.4M |
|
|
ADT
489
CALL
DELISTED
ADT Corp
ADT
| $61.7M | 0.03% |
1,518,300
+523,100
| +53% | +$21.5M |
|
490
CALL
State Street SPDR S&P Retail ETF
XRT
$329M
| $61.7M | 0.03% |
1,502,800
-1,267,000
| -46% | -$51M |
|
|
EMC
491
DELISTED
EMC CORPORATION
EMC
| $61.2M | 0.03% |
2,393,127
-641,298
| -21% | -$16.7M |
|
492
iShares MSCI South Korea ETF
EWY
$27B
| $61.1M | 0.03% |
993,797
+291,851
| +42% | +$16.7M |
|
493
PUT
Sarepta Therapeutics
SRPT
$1.92B
| $61.1M | 0.03% |
1,293,400
-38,800
| -3% | -$1.49M |
|
494
CALL
Yum! Brands
YUM
$42.9B
| $60.9M | 0.03% |
1,186,384
+234,523
| +25% | +$12.2M |
|
495
CALL
Medtronic
MDT
$119B
| $60.8M | 0.03% |
1,142,000
-393,600
| -26% | -$21.2M |
|
496
CALL
Delta Air Lines
DAL
$54.2B
| $60.7M | 0.03% |
2,574,500
+91,000
| +4% | +$1.9M |
|
497
CALL
Devon Energy
DVN
$53.1B
| $60.6M | 0.03% |
1,049,200
+298,900
| +40% | +$17.1M |
|
498
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $60.5M | 0.03% |
1,520,700
-1,382,900
| -48% | -$56.3M |
|
499
PUT
Estee Lauder
EL
$37.7B
| $60.5M | 0.03% |
864,900
+28,600
| +3% | +$1.94M |
|
|
500
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $60.4M | 0.03% |
1,505,600
-384,200
| -20% | -$15.2M |
|
Similar funds
Jeff Yass's Q3 2013 Portfolio in Review
As of Q3 2013, Jeff Yass held 9,320 positions worth $189B, up 7.4% from $176B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass's Q3 2013 filing shows 1,211 new, 3,709 increased, 3,282 reduced and 982 closed positions. Its largest new stake was Invesco DB Commodity Index Tracking Fund: 1,789,244 shares worth $46.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $6.73B.
By sector, the portfolio is most concentrated in Technology at 3.9% of assets, up from 3.1% a quarter earlier, followed by Financials and Consumer Discretionary.
- Jeff Yass's largest Q3 2013 buy was Invesco DB Commodity Index Tracking Fund: 1,789,244 shares worth $46.1M.
- Jeff Yass added most to iShares 20+ Year Treasury Bond ETF in Q3 2013, an estimated $607M increase.
- Jeff Yass's biggest Q3 2013 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $6.73B.
- Jeff Yass fully exited NEWS CORPORATION CL-A in Q3 2013, selling an estimated $41.4M.
- Jeff Yass's ten largest holdings make up 24% of its $189B portfolio in Q3 2013.
- Jeff Yass opened 1,211 new positions and closed 982 in Q3 2013.
- Jeff Yass's portfolio value rose 7.4% quarter-over-quarter to $189B.
Based on Susquehanna International Group's 13F filing for Q3 2013, filed 13 Nov 2013.